Culpeo Minerals: Extends mineralisation at Quelon, Chile

Culpeo Minerals Extends mineralisation at Quelon, Chile

• Culpeo Minerals (CPO) extends surface copper and gold mineralisation at its Quelon project in Chile
• Sampling work extended the mineralised zone by 500 metres south of the Anico prospect, and it now covers an 800-metre-by-1000-metre area
• This work returned assays grading 1.88 per cent copper, 4.1 g/t gold and 97.5 g/t silver
• The company says the extended mineralisation is coincident with a geophysical anomaly, and a three-hole drilling program is planned to test it further
• CPO shares are trading 7.14 per cent higher at 15 cents at 2:50 pm AEDT